Telenor said to merge with Tata in India after auction

Firms will announce a Telenor-controlled JV once the government has clarified M&A policy, according to local press report.

Telenor and Tata Teleservices are in advanced talks regarding a merger of their Indian mobile operations, but an announcement is unlikely to be made until after the country's ongoing spectrum auction, it emerged this week.
The firms are currently ironing out the final details of the merger…

Telenor and Tata Teleservices are in advanced talks regarding a merger of their Indian mobile operations, but an announcement is unlikely to be made until after the country's ongoing spectrum auction, it emerged this week.
The firms are currently ironing out the final details of the merger…

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